Algeria The US and Cuba constituted this Wednesday a joint coordination commission for the execution of projects in the field of hydrocarbons and supplies of petroleum products, as well as the construction of a power plant on the island.
The Algerian Minister of Energy and Mines, Mohamed Arkab, received a high-level delegation from Cuba in Algiers, headed by Vice Prime Minister Ricardo Cabrisas Ruiz, who was accompanied by the Cuban Minister of Energy, Vicente de la O Levy.
The general director of the national electricity company, Sonelgaz, which will be in charge of building the plant, participated in today’s meeting, according to an official statement cited by efe.
The Deputy Prime Minister of #Cuba??, Ricardo Cabrisas Ruiz arrived in Algeria this Monday to complete a work program that includes meetings with Algerian government authorities.
?https://t.co/sxHBsTN2zu pic.twitter.com/4xB95YTw7q
— Cuban Foreign Ministry (@CubaMINREX) December 13, 2022
The objective of the meeting was to advance the actions agreed in November, during the official trip of the President of Cuba, Miguel Díaz-Canel, to Algeria.
Then it was announced that Algeria would be in charge of creating in Cuba “a photovoltaic power plant as well as restoring the supply of hydrocarbons” to “reactivate the plants and combat the current power outages.”
The Algerian President, Abdelmadjid Tebboune, highlighted during the visit the strengthening of solidarity “with a view to lifting economic and commercial relations and the financial burden” in Cuba.
He also announced the cancellation of outstanding interest on the Cuban debt and the postponement of its repayment “until further notice” to alleviate the economic impact suffered by the island after the pandemic.
Algeria cancels interest on Cuba’s debt and postpones its repayment
Algiers and Havana have maintained close ties since the North African country achieved its independence in 1962 and will hold a high-level bilateral meeting in Havana in early 2023 in which a total of 150 Algerian businessmen are expected to participate.
Efe/OnCuba.
